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Justin's Gym issues an $18,000, 12%, 7-year bond on 1/1/20. The market rate is 10% and interest is paid semi-annually. Calculate the issue price of

Justin's Gym issues an $18,000, 12%, 7-year bond on 1/1/20. The market rate is 10% and interest is paid semi-annually. Calculate the issue price of the bond. O $17.994.60 O $19.780.92 0 $14.491.44 $13,065.12

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